# Vascon Engineers share price today (Vascon Engineers Ltd, NSE: VASCONEQ) > Vascon Engineers share price today: ₹31.06 at the NSE close on 3 November 2026, down 53.4% in a year. Vascon Engineers (NSE: VASCONEQ) is worth ₹719 crore, trades at a P/E of 25.2 and has closed between ₹29.21 and ₹61.61 over the past 52 weeks. > Vascon Engineers Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. VASCONEQ · Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/vascon-engineers-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from fewer quarters than usual - Price: ₹31.06 (−53.4% in a year) - P/E: 25.2× (higher than 72% of the last 11 years) - Revenue (Jun 2026): ₹152 Cr (−31.3% on a year ago) - Profit (Jun 2026): ₹2.0 Cr (−91.1% on a year ago) - Operating margin: 3.3% (−2.5 points on a year ago) - ROCE: 5%, FY26 - Profit that came in as cash: −56%, last 3 years Biggest thing to watch: the P/E is higher than 72% of its own history, so the multiple has already done part of the work. ## What is the Vascon Engineers share price today? Vascon Engineers Ltd's share price was ₹31.06 at the close on 3 November 2026. It has been falling for 45 weeks. That is 13.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹29 and ₹62, and at that close it sat 6% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running. Over the last 11 years the share price moved +23% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Vascon Engineers this quarter? One change stood out: lowest operating margin in 15 quarters. 1. Lowest operating margin in 15 quarters Operating margin was 3.3% in the June 2026 quarter, against 5.8% a year earlier. Why: The company had less work underway, so its fixed costs were spread over fewer projects. Next results: check whether billing picks up now that client money for Supaul and Sindhudurg is back, without more borrowing. From the earnings call on 14 Aug 2026. ## What are Vascon Engineers' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Vascon Engineers reported revenue of ₹152 crore, down 31.3% from ₹221 crore a year earlier, and a profit of ₹2.01 crore, down 91.1% from ₹22.5 crore. ### Vascon Engineers results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹152 crore | ₹221 crore | −31.3% | | Profit | ₹2.01 crore | ₹22.5 crore | −91.1% | | Earnings per share | ₹0.09 | ₹0.99 | −90.9% | | Operating margin | 3.3% | 5.8% | −2.5 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Vascon Engineers' management discussed these results on a call held on 14 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Vascon Engineers share price history? Vascon Engineers closed at ₹31.06 on 3 November 2026, down 53.4% from ₹66.62 a year earlier (31 October 2025) and up 17.2% over five years. Its highest weekly close since March 2016 was ₹88.10 on 20 January 2024. ### Vascon Engineers share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹29.21 | +6.3% | | 1 month ago · 1 Oct 2026 | ₹32.52 | −4.5% | | 6 months ago · 30 Apr 2026 | ₹41.26 | −24.7% | | 1 year ago · 31 Oct 2025 | ₹66.62 | −53.4% | | 3 years ago · 3 Nov 2023 | ₹82.05 | −62.1% | | 5 years ago · 4 Nov 2021 | ₹26.50 | +17.2% | | 10 years ago · 4 Nov 2016 | ₹34.00 | −8.6% | | Earliest weekly close in our records · 11 Mar 2016 | ₹25.25 | +23.0% | | Highest weekly close since March 2016 · 20 Jan 2024 | ₹88.10 | −64.7% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹6.85 | +353.4% | | 52-week high (weekly close) · 7 Nov 2025 | ₹61.61 | −49.6% | | 52-week low (weekly close) · 23 Oct 2026 | ₹29.21 | +6.3% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Vascon Engineers? 3 Nov 2026: Vascon Engineers closed at ₹31.06, up 6.3% on the week and down 4.5% on the month. 14 Aug 2026: Vascon Engineers held its results call for April to June 2026. Management guided: FY27 new EPC order intake ₹1,500-2,000 crore. ### Earlier - Results for April to June 2026: Revenue down 31.3% and profit down 91.1% on a year earlier. ## What dividend does Vascon Engineers pay? Vascon Engineers paid no dividend in the 12 months to 4 November 2026. The last was an interim dividend of ₹0.25 a share, ex-date 21 August 2023. ### Vascon Engineers dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 21 Aug 2023 | ₹0.25 | Interim | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. Vascon Engineers Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Vascon Engineers management say on the latest results call? On the call for April to June 2026, held on 14 August 2026, Vascon Engineers' management guided: FY27 new EPC order intake ₹1,500-2,000 crore. > “This has been one of the worst quarters we have had over the last 3-4 years. However, I think there is nothing structurally wrong that has led to this. It is just a matter of execution, and all these projects remain in our hands.” > Santosh Sundararajan, on the call for April to June 2026 ### What management guided - FY27 consolidated revenue goal ₹1,200 crore and EPC revenue goal ₹1,000 crore; 70% of revenue expected in H2. - Existing real estate projects carry ₹300 crore pending construction cost and about ₹220 crore free cash flow; Coimbatore and Tower of Ascent planned for Q3/Q4 occupancy certificates and Orchids for Q4 if achieved. - FY31 annual real estate booking value ₹1,200-1,500 crore. - Preferential warrants: ₹80 crore to arrive over 18 months, with approximately 60-70% for real estate and the balance for EPC and corporate purposes. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5812/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 14 August 2026.) ## What to watch in Vascon Engineers' next results? When Vascon Engineers reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Supaul and Sindhudurg execution recovery and net debt trajectory - check whether restored client cash flows lift billing without further borrowing. - What to check (from the call) - Supaul and Sindhudurg execution recovery and net debt trajectory - check whether restored client cash flows lift billing without further borrowing. - Royal Rides mobilisation - check whether the client grants a go-ahead for the stalled awarded project. - Coimbatore, Tower of Ascent and Orchids completion path - check for occupancy certificates and real-estate revenue recognition. - Adani approvals and project mobilisation - check whether early constructability engagement progresses into construction activity. ## Which stock lists is Vascon Engineers on? Vascon Engineers is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -80.09](https://www.sectoralpha.in/penny-stocks-india) ## Is Vascon Engineers profitable? Vascon Engineers Ltd earned ₹2.0 Cr of net profit in the Jun 2026 quarter, −91.1% on the same quarter a year earlier. Full-year FY26 profit was ₹49.0 Cr. Over 10 years profit has grown 18.5% a year on average. That is 1.3% of the quarter's revenue. The same quarter a year earlier earned ₹22.5 Cr. For the full year, FY26 profit was ₹49.0 Cr (−62.3% on the year before). Why profit moved: revenue changed −31.3% on a year earlier and the margin moved −2.5 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −62.9% and revenue −17.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Vascon Engineers make, and is it growing? Vascon Engineers Ltd reported ₹152 Cr of revenue in the Jun 2026 quarter, −31.3% on the same quarter a year earlier. Over 10 years it has grown 4.9% a year on average. The last full year, FY26, came in at ₹949 Cr. The last four reported quarters add to ₹880 Cr. FY26 revenue was ₹949 Cr, −11.9% on the year before. Recent pace: the last four quarters grew −17.1% on average, against 4.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −20.2%, against +5.2% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −80.1%, against −34.2% a year (rolling over). ## How much of every ₹100 of sales does Vascon Engineers keep? Vascon Engineers Ltd's operating margin was 3.3% in the Jun 2026 quarter, 2.5 percentage points lower than the same quarter a year ago. Across 13 years it has been between −15.0% and 12.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.5 percentage points on the year while gross margin changed +1.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Vascon Engineers' profit turning into cash? Over the last 3 years Vascon Engineers Ltd's operations used more cash than they brought in, so cash conversion was −56%, a gap worth watching. In FY26 its operations used ₹122 Cr of cash, against ₹49.0 Cr of profit. After −₹4.0 Cr of spending on assets, free cash was −₹118 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Vascon Engineers' cash go? Vascon Engineers Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹949 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹35.0 Cr. Over the last 3 years, money from selling assets was ₹35.0 Cr more than it spent on new ones. Work still in progress is ₹0.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Vascon Engineers' P/E ratio, and how does it compare with its own history? Vascon Engineers Ltd's P/E is 25.2×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 17.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹1.26. Why the multiple is where it is: over the past year earnings per share moved −63.2% while the price moved −53.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +3.2% a year; about +43.8% a year came from earnings growth and about −40.6 percentage points from the multiple (the market paying less); over 10 years the price moved −0.9% a year; about +12.8% a year came from earnings growth and about −13.7 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 40% on reported income across 13 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Vascon Engineers business getting better or worse? Vascon Engineers Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −20.2% in the latest quarter, against +38.6% at its best in 12 quarters, with ROCE falling at 5.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Vascon Engineers earn on its capital? Vascon Engineers Ltd earned a ROCE of 5% in FY26. That is up from a low of −11% in FY15. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 5.2% net margin and 0.40× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.2% net margin × 0.40× asset turnover × 2.05× leverage (assets divided by equity) ≈ 4.3% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 40% on reported income across 13 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Vascon Engineers have too much debt? Vascon Engineers Ltd had ₹300 Cr of borrowings against ₹1,149 Cr of equity in FY26, so its debt is 0.26× its equity. Its operating profit is 3 times its interest bill. Over 5 years borrowings went from ₹215 Cr to ₹300 Cr. Over the last 3 of those years it sold more assets than it bought, by ₹35.0 Cr. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 40% on reported income across 13 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Vascon Engineers shareholding pattern? No group of Vascon Engineers Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.3 points over the same period, to 0.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −0.9 points over 8 quarters, to 30.4%; Foreign institutions: −0.3 points over 8 quarters, to 0.2%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Vascon Engineers from balance-sheet trouble? For Vascon Engineers Ltd, the Z-score is left out, because it comes from the second data source we could not check, and a safety score is not worth showing when two sources disagree. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Vascon Engineers rank in its industry? 36.4 out of 100, rank 10 of 12 in Construction & Contracting, with 56% of the evidence available. Vascon Engineers Ltd scores 36.4 out of 100 against the 12 companies it is compared with in Construction & Contracting, ranking 10. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 9.2 + 8.9 + 9.2 + 9.1 = 36.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Vascon Engineers compared with? Vascon Engineers ranks 10 of 12 Construction & Contracting companies on the 4-Factor Sector Score, with 36.4 out of 100. 1. [Modis Navnirman Ltd](https://www.sectoralpha.in/stocks/modis-navnirman-ltd) MODIS · leader · Most evidence points up · 75% evidence 73.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 70.6% · Profit 71.4% · Operating margin change 6 points · 95% evidence Capital efficiency 19.4/25 · ROCE 25.8% · Operating margin 21% · 76% evidence Valuation 10.2/20 · P/E 21.2× · PEG n/a · 15% evidence Relative strength 18.1/20 · Lead over its industry 35% · Lead over NIFTY 500 16.5% · 1 year 24.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 25.3 + 19.4 + 10.2 + 18.1 = 73 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Garuda Construction and Engineering Ltd](https://www.sectoralpha.in/stocks/garuda-construction-and-engineering-ltd) GARUDA · quiet · Most evidence points up · 79% evidence 65.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.8/35 · Revenue 84.1% · Profit 97.1% · Operating margin change 3 points · 88% evidence Capital efficiency 21.8/25 · ROCE 42.4% · Operating margin 32% · 100% evidence Valuation 11.2/20 · P/E 9.3× · PEG n/a · 15% evidence Relative strength 3.2/20 · Lead over its industry -6.3% · Lead over NIFTY 500 -19.9% · 1 year -37.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 28.8 + 21.8 + 11.2 + 3.2 = 65 · What this means: Earnings are strong; relative strength in its sector is -6.3% and the one-year return is -37.3%. 3. [Mahindra Lifespace Developers Ltd](https://www.sectoralpha.in/stocks/mahindra-lifespace-developers-ltd) MAHLIFE · quiet · Evidence leans up · 93% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 100% · Profit 85.8% · Operating margin change 129 points · 100% evidence Capital efficiency 5.9/25 · ROCE 7.6% · Operating margin -170% · 100% evidence Valuation 12.5/20 · P/E 23.4× · PEG 1.18 · 65% evidence Relative strength 8.6/20 · Lead over its industry 3.9% · Lead over NIFTY 500 -10.9% · 1 year -20.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 30.3 + 5.9 + 12.5 + 8.6 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Man Infraconstruction Ltd](https://www.sectoralpha.in/stocks/man-infraconstruction-ltd) MANINFRA · breaking out · Evidence leans up · 82% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue -9.8% · Profit -26.1% · Operating margin change 5 points · 95% evidence Capital efficiency 15.8/25 · ROCE 13.2% · Operating margin 30% · 76% evidence Valuation 11.5/20 · P/E 19.2× · PEG n/a · 50% evidence Relative strength 17.6/20 · Lead over its industry 15.4% · Lead over NIFTY 500 -1.1% · 1 year -28.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.2 + 15.8 + 11.5 + 17.6 = 57.1 · What this means: Relative strength against the index is -1.1%, and revenue and profit growth are weak. 5. [RDB Infrastructure and Power Ltd](https://www.sectoralpha.in/stocks/rdb-infrastructure-and-power-ltd) Evidence leans up · 61% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 18.6% · Profit 100% · Operating margin change 3.7 points · 83% evidence Capital efficiency 10.4/25 · ROCE 7% · Operating margin 7.4% · 95% evidence Valuation 9.5/20 · P/E 23.9× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -54.8% · 1 year -70.3% · 25% evidence · 0 of 7 weeks ahead Exact sum: 26 + 10.4 + 9.5 + 7.5 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [PSP Projects Ltd](https://www.sectoralpha.in/stocks/psp-projects-ltd) PSPPROJECT · quiet · Evidence leans up · 81% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 44.7% · Profit 100% · Operating margin change 1.2 points · 65% evidence Capital efficiency 11.7/25 · ROCE 7.9% · Operating margin 6% · 100% evidence Valuation 12.9/20 · P/E 37.3× · PEG 0.9 · 65% evidence Relative strength 6.0/20 · Lead over its industry 1.6% · Lead over NIFTY 500 -12.7% · 1 year -25.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.1 + 11.7 + 12.9 + 6 = 52.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [NCC Ltd](https://www.sectoralpha.in/stocks/ncc-ltd) NCC · quiet · Evidence leans down · 63% evidence 49.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue -1.8% · Profit -12.1% · Operating margin change 0 points · 83% evidence Capital efficiency 15.8/25 · ROCE 16.8% · Operating margin 9% · 76% evidence Valuation 13.3/20 · P/E 9.9× · PEG n/a · 50% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.6% · 1 year -46.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.6 + 15.8 + 13.3 + 8.8 = 49.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [BEML Land Assets Ltd](https://www.sectoralpha.in/stocks/beml-land-assets-ltd) BLAL · turning · Too little evidence to rank firmly · 59% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue n/a · Profit 100% · Operating margin change n/a · 30% evidence Capital efficiency 5.0/25 · ROCE -193% · Operating margin 67.3% · 100% evidence Valuation 8.5/20 · P/E 291× · PEG n/a · 15% evidence Relative strength 15.0/20 · Lead over its industry 7.4% · Lead over NIFTY 500 -8.1% · 1 year -23% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.1 + 5 + 8.5 + 15 = 48.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Ashoka Buildcon Ltd](https://www.sectoralpha.in/stocks/ashoka-buildcon-ltd) ASHOKA · basing · Evidence leans down · 71% evidence 43.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue -24.6% · Profit 37.3% · Operating margin change -15 points · 83% evidence Capital efficiency 18.4/25 · ROCE 26.4% · Operating margin 17% · 76% evidence Valuation 11.5/20 · P/E 4× · PEG n/a · 15% evidence Relative strength 3.5/20 · Lead over its industry -10.7% · Lead over NIFTY 500 -24.2% · 1 year -53.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 18.4 + 11.5 + 3.5 = 43.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Vascon Engineers Ltd this page VASCONEQ · turning · Too little evidence to rank firmly · 56% evidence 36.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue -20.2% · Profit -80% · Operating margin change -2.5 points · 83% evidence Capital efficiency 8.9/25 · ROCE 4.7% · Operating margin 3.3% · 76% evidence Valuation 9.2/20 · P/E 24.2× · PEG n/a · 15% evidence Relative strength 9.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.8% · 1 year -55.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 9.2 + 8.9 + 9.2 + 9.1 = 36.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Consolidated Construction Consortium Ltd](https://www.sectoralpha.in/stocks/consolidated-construction-consortium-ltd) CCCL · quiet · Too little evidence to rank firmly · 56% evidence 32.5 out of 100 Growth Capital Valuation Relative 12. [Jaiprakash Associates Ltd](https://www.sectoralpha.in/stocks/jaiprakash-associates-ltd) JPASSOCIAT · Too little evidence to rank firmly · 26% evidence 36.5 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Construction & Contracting](https://www.sectoralpha.in/sectors/construction-contracting), all 12 compared on one page. ## Which companies are close to Vascon Engineers in size? Vascon Engineers is the 8th largest of 12 Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ashoka Buildcon, Garuda Construction and Engineering and Modis Navnirman. Just below it: BEML Land Assets, Jaiprakash Associates and Consolidated Construction Consortium. ### Construction & Contracting companies close in size 1. [Ashoka Buildcon Ltd](https://www.sectoralpha.in/stocks/ashoka-buildcon-ltd) ₹2,706 crore 2. [Garuda Construction and Engineering Ltd](https://www.sectoralpha.in/stocks/garuda-construction-and-engineering-ltd) ₹1,264 crore 3. [Modis Navnirman Ltd](https://www.sectoralpha.in/stocks/modis-navnirman-ltd) ₹769 crore 4. Vascon Engineers Ltd ₹690 crore 5. [BEML Land Assets Ltd](https://www.sectoralpha.in/stocks/beml-land-assets-ltd) ₹667 crore 6. [Jaiprakash Associates Ltd](https://www.sectoralpha.in/stocks/jaiprakash-associates-ltd) ₹594 crore 7. [Consolidated Construction Consortium Ltd](https://www.sectoralpha.in/stocks/consolidated-construction-consortium-ltd) ₹484 crore [All 12 Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/construction-contracting#all-companies) ### Companies close in size in other industries 1. [Kronox Lab Sciences Ltd](https://www.sectoralpha.in/stocks/kronox-lab-sciences-ltd) ₹691 crore · Speciality Chemicals 2. [RBZ Jewellers Ltd](https://www.sectoralpha.in/stocks/rbz-jewellers-ltd) ₹690 crore · Diamond, Gems & Jewellery 3. Vascon Engineers Ltd ₹690 crore 4. [Merritronix Ltd](https://www.sectoralpha.in/stocks/merritronix-ltd) ₹689 crore · Electronics - Others 5. [Forbes Precision Tools & Machine Parts Ltd](https://www.sectoralpha.in/stocks/forbes-precision-tools-machine-parts-ltd) ₹688 crore · Capital Goods - Engineering General ## What else do people ask about Vascon Engineers? ### What is Vascon Engineers's share price today? Vascon Engineers Ltd's share price is ₹31.06, −53.4% over the past year. The whole company is worth ₹719 Cr on the market. In the last 52 weeks it traded between ₹29 to ₹62; today it is 6% of the way up from the low, 13.6% below its 200-day average (as of 3 November 2026). ### What were Vascon Engineers's latest quarterly results? Vascon Engineers Ltd reported revenue of ₹152 Cr and net profit of ₹2.0 Cr for the Jun 2026 quarter. Revenue fell 31.3% and profit fell 91.1% compared with a year earlier. Earnings per share were ₹0.09. The operating margin was 3.3%, 2.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is Vascon Engineers's market cap? Vascon Engineers Ltd's market capitalisation is ₹719 Cr at a share price of ₹31.06. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Vascon Engineers performing? Vascon Engineers Ltd's share price has been falling for 45 weeks. In its latest quarter, revenue fell 31.3% and profit fell 91.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 3 November 2026). ### Will Vascon Engineers's share price go up? This page does not forecast Vascon Engineers Ltd's share price. What it shows instead: the share price is ₹31.06, and it has been falling for 45 weeks. Its P/E of 25.2× is higher than 72% of its own last 11 years (as of 3 November 2026). ### Who owns Vascon Engineers? Promoters own 30.4% of Vascon Engineers Ltd, foreign institutions 0.2%, domestic institutions 0.0% and the public 69.4% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### What is Vascon Engineers's capex? Vascon Engineers Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹35.0 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹18.0 Cr (as of 3 November 2026). ### Where is Vascon Engineers in its business cycle? Vascon Engineers Ltd's FY26 operating margin was 6.0%, against a 13-year range of −15.0% to 12.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Vascon Engineers story? Biggest thing to watch: the P/E is higher than 72% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Vascon Engineers a stock worth studying right now? What the numbers show: Vascon Engineers Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Vascon Engineers share price forecast for 2026? What management itself guided: FY27 new EPC order intake ₹1,500-2,000 crore. ## Lists - Penny stocks: https://www.sectoralpha.in/penny-stocks-india This is research, not advice. We’re not SEBI-registered.